College graduation is a fulfilment in every student’s life. But do you really feel the fulfilment when you know that you have a loan waiting for your payment? Of course everyone will be worried when they know that they owe the bank some money. Along the way, you will be finding ways on how to pay this debt. You will probably end up asking yourself if there’s a way to bankrupt your student loan. Most people tell you that it is impossible to bankrupt student loans. But this book tells you that it is possible to bankrupt student loans.
There are two ways to absolve student loans:
- The first strategy to discharge student loan is through bankruptcy.
There is a step-by-step process in claiming bankruptcy and after investigation and you will prevail, then definitely you will be free from student loan.
- The second strategy is through negotiating a discharge or commonly known as Compromise or Write-off.
The author has provided a step-by-step process on how to win with this case. He has done a lot of research just to get the exact process on how to bankrupt the student loan. He has been working on this book just to help the oppressed. The book provides its readers with everything they need in filing a Write-off or compromise.
As what has been stated; that bankruptcy mostly applies to those who were disabled or medically ill, this means that not everybody can claim on this said strategy. The author has provided another option to discharge the student loan. This process is through filing an Adversary Proceedings, Compromise, or Write-off. Everyone is qualified for this process, as long as you had student loans way back in college and you are ready to file a compromise or write-off.
You cannot maintain your current living standard once forced to pay the loan, and there are situation that will avoid you from sufficient income in the future. Although the courts have prepared sets of comprehensive tests that will hinder you in this process, this book explains everything you need to know to make the process easy to bear. The book is very helpful for those who have always wanted to file write-offs because there are sample court cases and analysis included. The reader will have an idea of what to expect when filing a case.
There is also a guideline there in gathering all personal and financial information that is necessary for a solid case. It also helps you in gathering all documents that are needed to prove during the write-off process. You would really appreciate the hard work of the author in compiling this book. It is packed with relevant information that can awake you from the deep sleep of a student loan. He has shared his vision in battling against student loans. Once you have finished reading the book, you will be inspired and be prepared to bankrupt your student loan.